Strategy (MSTR) stock slides as Bitcoin weakness prompts TD Cowen target cut

Strategy Inc. MSTR shares (previously known as Microstrategy) fell more than 8% on Tuesday as a decline in Bitcoin prices weighed on cryptocurrency-linked stocks and prompted TD Cowen to lower its price target for the company, while maintaining a positive long-term outlook. The stock came under pressure alongside the broader crypto sector as Bitcoin fell… Continue reading Strategy (MSTR) stock slides as Bitcoin weakness prompts TD Cowen target cut

Circle stock slides as Open USD stablecoin challenges USDC dominance

Circle Internet Group shares fell sharply on Tuesday after a consortium of more than 140 financial, technology, and cryptocurrency companies unveiled plans to launch a new US dollar-backed stablecoin, raising concerns about increased competition in the fast-growing stablecoin market. Circle CRCL stock dropped more than 16% in trading, while Coinbase Global shares also declined after… Continue reading Circle stock slides as Open USD stablecoin challenges USDC dominance

AeroVironment stock: why Cramer says ‘be careful’ despite strong Q4 earnings

Famed investor Jim Cramer is urging investors to “be careful” on AeroVironment (AVAV) shares even though the drone specialist posted a strong Q4 release late on Jun. 29. The company reported an exciting $1.84 a share of earnings for its fourth quarter as revenue more than doubled year-over-year to a record $642 million – both… Continue reading AeroVironment stock: why Cramer says ‘be careful’ despite strong Q4 earnings

Intel stock surges 7% on Tuesday: Here’s why

Intel INTC stock rallied 7% in trading on Tuesday as investors reacted to renewed optimism around artificial intelligence infrastructure spending and continued strength across the semiconductor sector. Other chip stocks also moved higher on Tuesday as chip stocks closed out a historic run in the second quarter. A New York Times report last week highlighted… Continue reading Intel stock surges 7% on Tuesday: Here’s why

SpaceX stock surges as it eyes over $4B in inflows

SpaceX (SPCX) shares are pushing higher as investors aggressively position their portfolios ahead of the aerospace titan’s highly anticipated inclusion into the Nasdaq-100 index on Jul. 7. The upcoming milestone is fueling intense market optimization, as institutional traders race to get ahead of massive index-fund buying. SpaceX stock’s performance this morning reflects an encouraging rebound… Continue reading SpaceX stock surges as it eyes over $4B in inflows

Enphase stock is inching higher – and it may have the FCC to thank

Enphase Energy (ENPH) stock is inching higher on Tuesday amidst a powerful mix of geopolitical catalysts and corporate positioning. Investors cheered the company’s shares following a fresh Reuters report that the FCC is drafting a proposal to ban imports of foreign energy inverters – specifically targeting Chinese hardware. Despite today’s surge, Enphase shares remain down… Continue reading Enphase stock is inching higher – and it may have the FCC to thank

Viasat stock jumps as Space Force wins fuel bullish analyst outlook

Viasat shares VSAT surged 10% on Tuesday, extending Monday’s 23% rally as investors continued to react to a series of defense contract wins, growing optimism in the satellite sector, and a bullish analyst outlook. The stock has drawn increased attention following multiple US Space Force awards that strengthen its position in secure satellite communications. Investors… Continue reading Viasat stock jumps as Space Force wins fuel bullish analyst outlook

Nvidia stock still below $200 mark: what’s behind the recent underperformance?

Nvidia (NVDA) stock rose on Tuesday. Shares of Nvidia were up 1.5% at $197.96 in early trading. Despite the gain, Nvidia has significantly underperformed the broader semiconductor sector. The stock is up roughly 5% year to date, compared with a 94% gain for the PHLX Semiconductor Index. The muted performance marks a sharp contrast to… Continue reading Nvidia stock still below $200 mark: what’s behind the recent underperformance?

AMD shares gain as Wells Fargo boosts target, citing AI-driven CPU demand

Wells Fargo has increased its price target on Advanced Micro Devices to $615 from $505 while maintaining its Overweight rating, reflecting growing confidence in the company’s long-term server CPU business and continued demand driven by artificial intelligence (AI). AMD shares rose 2% on Tuesday’s trading after closing the previous session 3.4% higher at $539.49. Wells… Continue reading AMD shares gain as Wells Fargo boosts target, citing AI-driven CPU demand